NTT DATA announces a capital alliance with everis Group, a Spanish multinational consulting and IT service company

NTT DATA Corporation, a global IT services company headquartered in Japan (“NTT DATA”; President and CEO: Toshio Iwamoto; Head office: Koto-ku, Tokyo), has reached an agreement with everis Group (“everis”; Chairman of the Board and President: Fernando Francés; CEO: Benito Vázquez; Head office: Madrid, Spain) to acquire 100% of its outstanding shares.

everis is one of the largest independent Spanish consulting and IT services providers with more than 10,000 employees worldwide. everis has a strong presence in Europe (Spain, UK, Italy and Portugal), and multiple Latin American countries including Brazil, Chile, Mexico, Argentina, Colombia and Peru. It provides a wide range of IT services through business and strategy consulting, application development, systems integration and outsourcing to prestigious clients in Spain and the growing Latin American market, including the banking, insurance, telecommunication, public, industry, and utilities sectors.

The company also owns highly-qualified near-shore and off-shore capabilities at its High Performance Centers (HPCs), which are located in southern Spain, Brazil, Chile and Argentina and have a CMMI Level 5 certification.

The alliance is a part of NTT DATA’s core strategy to accelerate its globalization activities and to widen its global offering portfolio and presence outside of Japan. The collaboration with everis will enable NTT DATA to strengthen its industry expertise and gain access not only to major local clients largely in Spain and multiple Latin American countries, but also to multinational enterprises which are based in those countries.

In addition to the potential synergies with NTT DATA, it is expected that everis will also work more closely with NTT Group companies to extend global supporting capabilities of their customers.

With the signing of the final agreement, everis will maintain its corporate headquarters and tax residence in Spain, as well as all of its executive teams and professionals in all countries.

Commenting on the alliance, Toshio Iwamoto, President and CEO of NTT DATA Corporation, said, “everis is a growing people-based IT services company with a business model based on high caliber talent, and a corporate culture that shares common values to NTT DATA, with emphasis on ‘Clients First’, ‘Foresight’, ‘Teamwork’, and a commitment to innovation. In addition, everis works closely with its customers in providing IT services in similar sectors to NTT DATA, especially in the area of banking, telecommunication and the public sector. Welcoming everis to NTT DATA will enable us to leverage their comprehensive IT services both in Europe and Latin America, and offer more efficient and higher value solutions to our customers, with promising synergies ahead.”

Fernando Francés, Chairman of the Board and President of everis Group, commented, “This decision is a clear commitment by NTT DATA to everis’ talent and gives us stronger capabilities and increase muscle to access major projects. everis will continue offering the best professionals to its clients, but now is also supported by one of the largest IT services companies in the world.”

Benito Vázquez, CEO of everis, stated, "The trust that NTT DATA has placed in our business model and in our professionals emphasizes our unique way of understanding the consulting business and creates a great opportunity. Becoming part of this great group grants us many possibilities to develop large and complex projects, offer new services, access new countries and strengthen our leadership in the markets where we operate. It also ensures that the everis team, with more than 10,000 professionals, will have the best opportunities and professional development.”

Corporate Profile of everis Group

1. Name

everis Group

2. Fields of business

everis provides a full life-cycle of offerings covering IT consulting, application development, system integration, application management and IT / business process outsourcing.

Fernando Francés, Chairman of the Board and President
Benito Vázquez, CEO

8. Headcount

10,625 (as of March 31, 2013)

9. Revenue

EUR 591 million for the year ended March 31, 2013

About NTT DATA Corporation
NTT DATA is your Innovation Partner anywhere around the world. Headquartered in Tokyo, with business operations in more than 35 countries, NTT DATA puts emphasis on long-term commitment and combine global reach and local intimacy to provide premier professional services from consulting, system development to business IT outsourcing. NTT DATA recorded total revenues of approx. JPY 1.3 trillion (EUR 10.0 billion; EUR 1 = JPY 130) for the year ended March 31, 2013, and has more than 61,000 employees as of March 31, 2013.

About NTT DATA Services

NTT DATA Services partners with clients to navigate and simplify the modern complexities of business and technology, delivering the insights, solutions and outcomes that matter most. We deliver tangible business results by combining deep industry expertise with applied innovations in digital, cloud and automation across a comprehensive portfolio of consulting, application, infrastructure and business process services.

NTT DATA Services, headquartered in Plano, Texas, is a division of NTT DATA Corporation, a top 10 global business and IT services provider with 118,000+ professionals in more than 50 countries, and NTT Group, a partner to 88 percent of the Fortune Global 100.

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